CORTSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26393906
Skæring Højsagervej 1, 8250 Egå

Company information

Official name
CORTSEN HOLDING ApS
Established
2002
Company form
Private limited company
Industry

About CORTSEN HOLDING ApS

CORTSEN HOLDING ApS (CVR number: 26393906) is a company from AARHUS. The company recorded a gross profit of -140.6 kDKK in 2023. The operating profit was -140.6 kDKK, while net earnings were 7813.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 83.4 %, which can be considered excellent and Return on Equity (ROE) was 84.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CORTSEN HOLDING ApS's liquidity measured by quick ratio was 18 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.60-10.99-12.40-9.82- 140.61
EBIT-8.60-10.99-12.40-9.82- 140.61
Net earnings2 834.123 313.931 677.562 507.027 813.60
Shareholders equity total5 397.818 711.739 589.296 096.3112 409.91
Balance sheet total (assets)5 919.589 266.3710 183.466 759.9513 126.56
Net debt-5 644.64-6 928.94-9 946.03-6 522.52-12 889.14
Profitability
EBIT-%
ROA66.6 %47.4 %21.6 %31.6 %83.4 %
ROE64.0 %47.0 %18.3 %32.0 %84.4 %
ROI71.1 %51.0 %23.0 %34.1 %89.6 %
Economic value added (EVA)-67.827.12-95.6614.78- 386.16
Solvency
Equity ratio91.2 %94.0 %94.2 %90.2 %94.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio10.816.316.79.818.0
Current ratio10.816.316.79.818.0
Cash and cash equivalents5 644.646 928.949 946.036 522.5212 889.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:83.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.5%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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